CAREER – Arthur Hamilton

Overview

The Arthur Hamilton Practical Accountancy Training is for candidates that are looking to fast track their career in the accounting and payroll industry. Our training is structured in such a way that it is suitable for both experienced and inexperienced candidates.

Candidates are provided with high quality training and hands on practical experience under the supervision of Arthur Hamilton Chartered Certified Accountants and Registered Auditors. Note that the training package counts towards your PER, as you are under supervision of the experts in their field and real work environment settings.

We have carefully designed and structured our training to give candidates the necessary practical skills to enable them understand and prepare accounts from source documents to the VAT return and behind. By the end of training with us you will learn the accounting procedures as applied in real life accountancy work. Every step has been designed to make sure that you gain the practical insight and skills of working in our accountancy practice.

Candidates have the opportunity to master a Computerised and payroll package. In addition candidates have the opportunity to become proficient in Excel spreadsheets.

Content

Level 1: Fundamental Level

Setting up companies
Setting up a company either as a cash accounting scheme or a standard accounting scheme
How and when to register for VAT
Choosing the chart of accounts that suits the ﬁrm’s needs and how to customize it
How double entry is applied in accounting software and how to customize the nominal ledger and nominal codes
Setting up customers accounts
Process customers batch invoices, individual invoices and credit notes Suppliers accounts setup
Processing suppliers invoices and credit notes
Generate reports on invoices due, customer/supplier invoice activity
Performing error corrections
Allocating payments and receipts of cash in a business Allocating bank payments and receipts
Allocating Supplier/Customer Payments and Receipts Performing bank reconciliation
Processing the VAT return and reconcile the VAT return
Submitting the VAT return to HMRC
Knowing how to deal with other VAT issues
Performing Debtor Analysis Credit control procedures
Candidates will perform Computerised Book-keeping, Bank Reconciliation & VAT Returns for various industry businesses, gaining a greater insight into accounting up to trial balance
Candidates will gain strong understanding of how to prepare client’s account from incomplete records, using various accounting software
Deeper understanding of VAT – Rules of registration and de-registration Reconciliation of VAT, Completing a VAT return.
Import and export VAT analysis
Calculating VAT for a business with mixed zero-rated and standard-rated sales, combining computerised accounting software and Excel
Candidates will perform Excel Spreadsheet Book-keeping and Bank Reconciliation
Candidates will gain an insight into how to deal with HMRC queries
Performing Stock Control using Computerised Book-keeping
How to keep a track of Stock movements extract Bill of materials.
Candidates will perform sales order processing, purchase order processing and stock reporting.
Invoicing from stock and updating stock records

Level 2: Intermediate

Internal control procedures for tangible ﬁxed assets and cash
Reconciliation of Control Accounts (Debtors and Creditors Control, VAT, PAYE, Wages, Directors, Bank Loans, Suspense Accounts – etc).
Posting adjusting journal entries at month end such as Accruals,
Prepayments,
Depreciations, calculating depreciation using different methods
VAT Intercompany transactions and reconciliations
Using a Computerised accounting package of your choice. Preparing closing entries
Preparing the Final Trial Balance
Producing a classiﬁed proﬁt & Loss account and Balance sheet in a Excel spreadsheet
Dealing with HMRC queries and small tax matters
Summaries and analyses ﬁnancial data and produce reports for management purposes
Monthly, Quarterly Management Accounts Performing banks reconciliation
Learning about VAT management
Running the year end procedure to close the ﬁnancial year and start a new ﬁnancial year

This training package is everything you need to demonstrate your competency for the following roles:

Finance manager Financial Accountant Management Accountant
Accounts payable manager Credit controller
Small business Performance Analyst

Level 3: Advanced

Internal control procedures for tangible ﬁxed assets and cash
Reconciliation of Control Accounts (Debtors and Creditors Control, VAT, PAYE, Wages, Directors, Bank Loans, Suspense Accounts – etc).
Posting adjusting journal entries at month end such as Accruals,
Prepayments,
Depreciations, calculating depreciation using different methods
VAT Intercompany transactions and reconciliations
Using a Computerised accounting package of your choice.
Preparing closing entries
Preparing the Final Trial Balance
Producing a classiﬁed proﬁt & Loss account and Balance sheet in a Excel spreadsheet
Dealing with HMRC queries and small tax matters
Summaries and analyses ﬁnancial data and produce reports for management purposes
Monthly, Quarterly Management Accounts Performing banks reconciliation
Learning about VAT management
Running the year end procedure to close the ﬁnancial year and start a new ﬁnancial year

This training package is everything you need to demonstrate your competency for the following roles:

Finance manager Financial Accountant Management Accountant
Accounts payable manager Credit controller
Small business Performance Analyst

Further information

Location: Coppergate House Business Centre, 16 Brune Street, London E1 7NJ

Structure: Hands on Practical Work Experience Training by experienced Accountant(s)

Schedule: Every saturday 10:00am to 2:00pm for 12 weeks.

Start Date: Call 020 3291 1913 for details

Requirements: You should ideally be a University Accounting student/graduate, ACCA, AAT student/Affiliate.

Payment terms: Flexible

By the end of this work experience training you will have a solid understanding of manual and computerised accounting, your competence will increase and you will be able to face the job market with confidence, your chances of securing a role in accounting will also increase significantly as has been the case with many of the trainees who have been to Arthur Hamilton Accountancy Call 0203 2911913 or email: admin@arthurhamilton.co.uk if you are interested in this work experiences.